School of Business

Faculty

M. P. Rice, Dean; Ph.D., Rensselaer Polytechnic Institute; innovation, entrepreneurship, business development.

S. Djamasbi, Associate Professor; Ph.D., University of Hawaii at Manoa; decision making, decision support systems, information overload, decision making under crisis, affect and decision making.

M. B. Elmes, Professor; Ph.D., Syracuse University; workplace resistance and ideological control, critical perspectives on spirituality-in-the-workplace, implementation of IT in organizations, organizations in the natural environment, narrative and aesthetic perspectives on organizational phenomena, psychodynamics of group and intergroup behavior.

A. Gerstenfeld, Professor; Ph.D., Massachusetts Institute of Technology; industrial engineering, innovation.

A. Hall, Assistant Professor; Ph.D., Purdue University; consumer behavior, business-to-business marketing, small business.

K. Hebert-Maccaro, Associate Dean and Professor of Practice; Ph.D., Boston College; talent management, high performance teams, innovative pedagogies.

H. Higgins, Associate Professor; Ph.D., Georgia State University; financial accounting, focusing on earnings expectation and international accounting.

F. Hoy, Beswick Professor of Entrepreneurship; Director, Collaborative for Entrepreneurship and Innovation; Ph.D., Texas A&M University; entrepreneurship, family and small business management, strategy, international entrepreneurship.

S. A. Johnson, Associate Professor and Director of I.E. Program; Ph.D., Cornell University; lean process design, enterprise engineering, process analysis and modeling, reverse logistics.

C. Kasouf, Associate Professor; Ph.D., Syracuse University; product management, marketing strategy in fragmented industries, innovation management, marketing information use, strategic alliances.

R. Konrad, Assistant Professor; Ph.D., Purdue University; health systems engineering, patient flow optimization, health informatics, industrial engineering.

E. T. Loiacono, Associate Professor; Ph.D., University of Georgia; website quality, information system accessibility, e-commerce, affect in information systems.

F. Miller, Assistant Professor; Ph.D., Michigan State University; managerial accounting and contracting in inter- and intra-firm relationships.

J. Schaufeld, Professor of Practice in Entrepreneurship; MBA, Northeastern University; entrepreneurship, technology commercialization, business acquisition and development.

D. Strong, Professor; Ph.D., Carnegie-Mellon University; advanced information technologies, such as enterprise systems, and their use in organizations, MIS quality issues, with primary focus on data and information quality.

S. Taylor, Associate Professor; Ph.D., Boston College; aesthetics of organizational action.

A. Trapp, Assistant Professor; Ph.D., University of Pittsburgh; industrial engineering, combinatorial optimization, stochastic programming, operations research.

B. Tulu, Assistant Professor; Ph.D., Claremont Graduate University; medical informatics, V.O.I.P., information security, telecommunications and networking, systems analysis and design.

H. G. Vassallo, Professor; Ph.D., Clark University; organizational behavior, project management, management of planned change, management of biotechnology, medical product liability.

J. Wang, Assistant Professor; Ph.D., Lehigh University; health economics, corporate governance, applied econometrics, applied microeconomics.

E. V. Wilson, Visiting Associate Professor; Ph.D., University of Colorado; information systems, cognitive science.

A. Zeng, Associate Professor; Ph.D., Pennsylvania State University; modeling and analysis of decisions in supply and/or distribution networks, applications of operations research and operations management techniques to supply chain process design and improvement, global supply chain management and international business.

W. Zhao, Assistant Professor; Ph.D., Temple University; corporate governance, international finance/business, financial markets/institutions

J. Zhu, Associate Professor; Ph.D., University of Massachusetts; information technology and productivity, e-business, performance evaluation and benchmarking.

Department Research

In addition to teaching, School of Business faculty are involved in a variety of sponsored research and consulting work. A sampling of current research includes: quality control in information-handling processes, supply chain management, management of biotechnology, decision/ risk analysis, conflict management, Latin American economic development, capacity planning, international accounting differences, strategy and new venture teams, and family and small business management.

The Collaborative for Entrepreneurship and Innovation

The Collaborative for Entrepreneurship and Innovation (CEI) is a program of the School of Business, designed to inspire and nurture people to discover, create and commercialize new technology-based products, services and organizations. It coordinates all entrepreneurship-related activity at WPI, including graduate and undergraduate courses; the CEI@WPI ALLOUT $50K Business Plan Challenge; the WPI Venture Forum workshops, monthly lecture and case presentation programs, radio show and newsletter; networking; a student-run entrepreneurs organization; the New England Collegiate Entrepreneurs Award; Web site administration of the Coalition for Venture Support; and, on a periodic basis, the CEI will offer conferences, workshops and seminars on topics of interest to entrepreneurs. Programs for high school outreach, social entrepreneurship, internship opportunities, business incubation, various awards, an Entrepreneurship Fair and a Consortium-wide business plan contest are in the planning stage. Please call +1-508-831-5075 or 5218 for more information.

Programs of Study

The interaction between business and technology drives every aspect of our Graduate Business Programs. We believe the future of business lies in leveraging the power of technology to optimize business opportunities. WPI stays ahead of the curve, giving students the ability to combine sound strategies with cutting edge innovation, and the confidence to contribute meaningfully within a global competitive environment. The superior record of our graduates’ successes highlight why WPI enjoys a nationally-recognized reputation as one of the most respected names in technology-based business education.

WPI offers a variety of graduate business programs focusing on the integration of business and technology. The Master of Business Administration (MBA) is a highly integrated, applications-oriented program that provides students with both the ‘big picture’ perspective required of successful upper-level managers and the handson knowledge needed to meet the daily demands in the workplace. WPI’s focus on the management of technology comes from the recognition that rapidly changing technology is driving the pace of business.

Students enjoy extensive opportunities to expand their networks through associations with their peers and leading hightech organizations. They also benefit from the latest available technologies and one of the nation’s most wired universities. The program’s strong emphasis on interpersonal and communications skills prepares students to be leaders in any organization, and the global threads throughout the curriculum ensure that students understand the global imperative facing all businesses. Whether dealing with information technology, biotechnology, financial markets, information security, supply chain management, manufacturing, or a host of other technology-oriented industries, the real world is part of the classroom, and students explore up-to-the-minute challenges faced by actual companies, through hands-on projects and teamwork. WPI promotes an active learning process, designed to develop the very best managers, leaders and executives in a technologydependent world.

Graduate Certificates

Graduate business certificates are designed for technical and business professionals seeking focused, in-depth knowledge within a specific area of technology management. Certificates include: Information Security Management; Information Technology; Management of Technology; and Technology Marketing, and range in length from 5-6 courses. Students may also customize their own graduate business certificate program. For more information please see http://business.wpi. edu/+certificates.

Master of Business Administration (MBA)

WPI’s MBA program features a set of ten core courses, designed to develop the skills managers need to develop business opportunities, analyze and improve business performance, and become leaders. In addition, the program includes two integrating project experiences: BUS 501 a course that challenges students to use the skills developed in the required core courses to make business decisions; and BUS 517 - the Capstone Graduate Qualifying project.

The following 7 required courses, should be completed before BUS 501:

  • BUS 500 Business Law, Ethics and Social Responsibility
  • FIN 500 Financial Information and Management
  • FIN 501 Economics for Managers
  • MIS 500 Innovating with Information Systems
  • MKT 500 Understanding Customers and Creating Value
  • OBC 500 Group and Interpersonal Dynamics in Complex Organizations
  • OIE 500 Analyzing and Designing Operations to Create Value

To complete the core requirements, students must also take the following 3 courses:

  • ACC 503 Financial Intelligence for Strategic Decision-Making
  • ETR 500 Entrepreneurship and Innovation
  • OBC 501 Interpersonal and Leadership Skills

The MBA program culminates with a capstone Graduate Qualifying Project (BUS 517) which provides students with a hands-on, real-world opportunity to apply and enhance their classroom experience.

MBA students are required to complete 12 credit hours of free elective coursework. Elective concentration areas include:

  • Entrepreneurship
  • Information Security Management
  • Information Technology
  • Operations Management
  • Process Design
  • Supply Chain Management
  • Technological Innovation
  • Technology Marketing
  • Integrating Business Concepts to Lead Innovation

In addition to credit-bearing courses, noncredit modules are available to provide background in areas such as statistics and presentation skills, which students can access as-needed throughout the curriculum.

MBA Options

Students may pursue the WPI MBA by a variety of paths to best suit their individual needs. In addition to being able to complete the MBA on a full- or part-time basis on our Worcester Campus, students may complete the entire program via a blended format that mixes online learning with on-campus face-to-face meetings every 7 weeks (3 per course). Students may also join one of WPI’s MBA Cohorts, which launch each May and January, where students complete the MBA in 32 months with a defined group of their peers. For more information on MBA options, please see business.wpi.edu/+mba.

M.S. in Information Technology (MSIT)

The demand for knowledgeable IT professionals who understand business has never been greater. The MSIT program guarantees a solid foundation in information technology, with a wide range of cuttingedge concentrations, and the management principles critical to success in a technology- driven environment.

MSIT students must complete the following 5 required courses:

  • MIS 500 Innovating with Information Systems
  • MIS 571 Database Applications Development
  • MIS 573 Systems Design and Development
  • MIS 578 Telecommunications Management
  • OBC 500 Group and Interpersonal Dynamics in Complex Organizations

MSIT students then must complete electives, distributed as follows:

  • Choose 1 of the following:
    • FIN 500 Financial Information and Management
    • OBC 501 Interpersonal and Leadership Skills
  • Choose 4 of the following:
    • MIS 574 Enterprise Systems
    • MIS 576 Project Management
    • MIS 579 E-Business Applications
    • MIS 581 Information Technology Policy and Strategy
    • MIS 582 Information Security Management
  • Two free electives, which may include courses outside of business and a maximum of 3 credits of internship.

M.S. in Management (MSMGM)

The MSMGM offers students the flexibility to tailor a course of study to their interests and career objectives. If you seek a focused program, improving your business skills while excelling in technology-based organizations, the MSMGM is right for you. An alternative track provides a compelling pathway to an MBA that recognizes the value of work experience. Upon receiving your MSMGM from WPI, and after a minimum of 2 years of work experience and within 6 years of completing your MSMGM, you may apply to complete the requirements for a WPI MBA — just 7 additional courses, including the hallmark project experience of WPI.

MSMGM students complete 4 of the following principal courses. Students should consult with the director of business programs to identify the most appropriate courses based on their career and academic objectives.

  • ACC 503 Financial Intelligence for Strategic Decision Making
  • BUS 500 Business Law, Ethics, and Social Responsibility
  • ETR 500 Entrepreneurship and Innovation
  • FIN 500 Financial Information and Management
  • FIN 501 Economics for Managers
  • MIS 500 Innovating with Information Systems
  • MKT 500 Understanding Customers and Creating Value
  • OBC 500 Group and Interpersonal Dynamics in Complex Organizations
  • OBC 501 Interpersonal and Leadership Skills
  • OIE 500 Analyzing and Designing Operations to Create Value

Students then select 5 electives, 3 of which must be from the School of Business.

Students cap off the MSMGM with a highly integrative project:

  • BUS 501 Integrating Business Concepts to Lead Innovation

M.S. in Marketing and Technological Innovation (MSMTI)

A highly specialized program specifically designed for individuals employed in or aspiring to work in marketing positions and/or positions responsible for innovation within technology- oriented environments. The M.S. in marketing and technological innovation features 6 required courses including:

  • ETR 500 Entrepreneurship and Innovation
  • FIN 500 Financial Information and Management
  • FIN 501 Economics for Managers
  • MKT 500 Understanding Customers and Creating Value
  • OBC 500 Group and Interpersonal Dynamics in Complex Organizations
  • OBC 501 Interpersonal and Leadership Skills

Students then select 6 electives from the following courses:

  • BUS 597 Internship
  • ETR 593 Technology Commercialization: Theory, Strategy and Practice
  • ETR 594 Technology Commercialization: Project
  • ETR 596 Selling and Sales
  • MIS 576 Project Management
  • MIS 578 Telecommunications Management
  • MIS 579 E-Business Applications
  • MKT 563 Marketing of Emerging Technologies
  • MKT 564 Global Technology Marketing
  • MKT 566 Marketing and Electronic Commerce
  • MKT 567 Integrated Marketing Communications
  • MKT 568 Data Mining Business Applications
  • OBC 533 Negotiations
  • OBC 535 Managing Creativity in Knowledge Intensive Organizations
  • OBC 536 Organizational Design
  • OBC 537 Leading Change
  • OIE 546 Managing Technological Innovation
  • OIE 548 Productivity Management

M.S. in Operations Design and Leadership (MSODL)

Today’s business environments deal constantly with changes requiring leadership for operational solutions. The MSODL is a comprehensive Operations Management program that provides balance between service and production management, and offers the option to concentrate in either Supply Chain Management or Process Design, or to customize the degree with a broad selection of electives focusing indepth on issues in operations management and related business areas.

MSODL students complete the following required courses:

  • OBC 500 Group and Interpersonal Dynamics in Complex Organizations
  • OIE 500 Analyzing and Designing Operations to Create Value
  • OIE 552 Modeling and Optimizing Processes

Choose 1:

  • MIS 500 Innovating with Information Systems
  • OBC 501 Interpersonal and Leadership Skills

Students then select 8 electives from the list below, or choose one of two concentration tracks, Supply Chain Management or Process Design:

  • BUS 597 Internship
  • MIS 571 Database Applications Development
  • MIS 573 System Design and Development
  • MIS 574 Enterprise Systems
  • MIS 576 Project Management
  • MIS 581 Information Technology Policy and Strategy
  • OBC 533 Negotiations
  • OBC 536 Organizational Design
  • OBC 537 Leading Change
  • OIE 541 Operations Risk Management
  • OIE 544 Supply Chain Analysis and Design
  • OIE 546 Managing Technological Innovation
  • OIE 548 Productivity Management
  • OIE 553 Global Purchasing and Logistics
  • OIE 554 Global Operations Strategy
  • OIE 555 Lean Process Design
  • OIE 557 Service Operations Management
  • OIE 558 Designing and Managing Six-Sigma Processes

Supply Chain Management Track:

  • OIE 541 Operations Risk Management
  • OIE 544 Supply Chain Analysis and Design
  • OIE 553 Global Purchasing and Logistics
  • OIE 555 Lean Process Design
  • Plus 4 elective courses from the approved list

Process Design Track:

  • OIE 541 Operations Risk Management
  • OIE 555 Lean Process Design
  • OIE 557 Service Operations Management
  • OIE 558 Designing and Managing Six-Sigma Processes
  • Plus 4 elective courses (12 credit hours) from the approved list

Combined B.S./M.S. (M.B.A.) Program

This program is available to WPI undergraduate students wishing to combine one of the School of Business’ four M.S. degrees with their B.S. A separate and complete application to the M.S. program must be submitted. Admission to the Combined Program is determined by the faculty of the School of Business. The student should begin the curriculum planning process at the time he/she commences his/her undergraduate studies to ensure that all of the required prerequisite undergraduate courses are completed within the student’s four years of undergraduate study.

It is recommended that the M.S. application be submitted at the beginning of the student’s junior year of undergraduate study. A student in the Combined Program continues to be registered as an undergraduate until the bachelor’s degree is awarded.

To obtain a bachelor’s degree via the Combined Program, the student must satisfy all requirements for the bachelor’s degree, including distribution and project requirements.

To obtain an M.S. via the Combined Program, the student must satisfy all M.S. degree requirements.

Please refer to the section on the Combined Programs or contact the director of business programs for more information.

Admission Requirements

Admission to WPI’s Graduate Business Programs is competitive. Admission is granted to applicants whose academic and professional records indicate the likelihood of success in a challenging academic program, and whose career aspirations are in line with the focus of the specific degree program to which they are applying.

Applicants should have the analytic aptitude and academic preparation necessary to complete a technology-oriented business program. This includes a minimum of three semesters of college level math or two semesters of college level calculus. Applicants are also required to have an understanding of computer systems.

Applicants must have the earned equivalent of a four-year U.S. bachelor’s degree to be considered for admission. Admission decisions are based upon all the information required from the applicant. GMAT or GRE required for all applicants.

Locations

Tailored to meet the challenges of working professionals, WPI offers full and part-time graduate business study at our campus in Worcester, Massachusetts, as well as world-wide via our Blended courses.

Degree Requirements

For the M.B.A.

48 credits distributed as follows (credits in parentheses):

  • 10 Core Courses
    ACC 503, BUS 500, ETR 500, FIN 500, FIN 501, MIS 500, MKT 500, OBC 500, OBC 501, OIE 500 (30 credits)
  • Integrating Course
    BUS 501 (3 credits)
  • Graduate Qualifying Project (GQP)
    BUS 517 (3 credits)
  • 4 Elective Courses (12 credits)

For the M.S. in Information Technology (MSIT)

36 credits, distributed as follows (credits in parentheses):

  • 5 Required Courses
    MIS 500, MIS 571, MIS 573, MIS 578, OBC 500 (15 credits)
  • 7 Electives Courses
    1 of the following: FIN 500 or OBC 501 (3 credits)

    4 of the following: MIS 574, MIS 576, MIS 579, MIS 581, MIS 582 (12 credits)
  • 2 free electives, which may be any graduate course at WPI and a maximum of 3 credits of internship (6 credits)

For the M.S. in Management (MSMGM)

30 credits, distributed as follows (credits in parentheses):

  • 4 Required Courses
    Selected from the following ACC 503, BUS 500, EIN 500, ETR 500, FIN 500, FIN 501, MIS 500, MKT 500, OBC 500, OBC 501, OIE 500 (12 credits)
  • 5 Elective Courses
    A minimum of 3 must be from the School of Business (15 credits)
  • BUS 501 (3 credits)

For the M.S. in Marketing and Technological Innovation (MSMTI)

36 credits, distributed as follows (credits in parentheses):

  • 6 Required Courses
    ETR 500, FIN 500, FIN 501, MKT 500, OBC 500, OBC 501 (18 credits)
  • 6 Elective Courses
    Selected from the following: BUS 597, ETR 593, ETR 594, ETR 596, MIS 576, MIS 578, MIS 579, MKT 563, MKT 564, MKT 566, MKT 567, MKT 568, OBC 533, OBC 535, OBC 536, OBC 537, OIE 546, OIE 548 (18 credits)

For the M.S. in Operations Design and Leadership (MSODL)

36 credits, distributed as follows (credits in parentheses):

  • 4 Required Courses
    OBC 500), OIE 500, OIE 552, and either OBC 501 or MIS 500 (12 credits)
  • 8 Elective Courses (3 credits each)
    Students may select 8 of the following electives, or may choose one of two concentration tracks, Supply Chain Management or Process Design: BUS 597, MIS 571, MIS 573, MIS 574, MIS 576, MIS 581, OBC 533, OBC 536, OBC 537, OIE 541, OIE 544, OIE 546, OIE 548, OIE 553, OIE 554, OIE 555, OIE 557, OIE 558
    Supply Chain Management Track: OIE 541, OIE 544, OIE 553, OIE 555, Plus 4 elective courses from the previous list.
    Process Design Track: OIE 541, OIE 555, OIE 557, OIE 558, Plus 4 elective courses from the previous list.
 
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